SandRidge Energy, Inc. (fka SDOCQ)

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Nov 04, 2015 SDOC~ Acquired oil asset with $190 Million in Cash


SandRidge Energy, Inc. Acquires North Park Basin Niobrara Shale Oil Assets for $190 Million in Cash
Adds 136,000 Largely Contiguous Net Acres and Multiyear Niobrara Shale Drilling Inventory in North Park Basin, Colorado

Diversifies Into Proven High Quality Repeatable Oil Asset Matching SandRidge's Operating Strengths

High Quality Stacked Pay Resource Play with Over 1,300 Gross Locations Identified

Derisked by 16 Existing Horizontal Producers, Expect to Add ~100 PUD Locations at Year End

First Well to Spud in January 2016, with 13 Approved Drilling Permits

http://www.prnewswire.com/news-releases/sandridge-energy-inc-acquires-north-park-basin-niobrara-shale-oil-assets-for-190-million-in-cash-300172688.html